Why buy Prémiový dluhopis RESPONSIBLE 5?
- Interesting yield potential of up to 40% for its duration.
- 80% participation on the regularly monitored development of a widely diversified underlying asset – Solactive ERSTE Green Invest Index VC index.
- Regular observation of the underlying asset. Final yield is calculated as 80% participation from the average annually fixed values of the monitored underlying asset.
- Even with a greater fall in the underlying asset at least 100% of PD RESPONSIBLE 5 nominal value (see Note) is always paid out at maturity thanks to guarantee.
- Immediate availability of funds. You can sell PD RESPONSIBLE 5 subject to standard market conditions, through Česká spořitelna at any time before maturity, for the market price shown in the Exchange Rate List of Česká spořitelna. However in such a case the price may fluctuate even below 100% of its nominal value. The payout guarantee of a minimum of 100% of its nominal value (see Note) applies only to the maturity date.
- PD RESPONSIBLE 5 is issued in Czech crowns, the investor does not bear the currency risk.
- Electronic version of the prospectus is published on the Issuer´s website www.erstegroup.com or on www.investicnicentrum.cz/prospekty
- Key Information document can be found on the author´s website www.erstegroup.com or on the investment portal of Česká spořitelna www.investicnicentrum.cz.
- PD RESPONSIBLE 5 is a structured Premium Bond with a minimum return of 100% of its nominal value (see Note) at the maturity date.
- The issuer is Erste Group Bank AG (S&P's A / Moody's A2 / Fitch A)
- The holder of PD RESPONSIBLE 5 bears the issuer´s credit risk. The 100% payout of its nominal value depends on the ability of the issuer to meet its commitments tied to this security in case of insolvency or due to an administrative measure, or if you sell the Premium Bond before its maturity. It is possible that you could lose the entire invested amount.
- Underlying asset: Solactive ERSTE Green Invest Index VC
Participation: 80% on the regularly observed development of the underlying asset
- Guarantee: 100% of the nominal value of PD RESPONSIBLE 5 at the maturity date (see Note)
- Maximum payout: 140% of RESPONSIBLE 5 nominal value
- Selling price: 100%, without a fee
- Formula for calculating the value at maturity: 100% of PD RESPONSIBLE 5 nominal value + 80% participation × (average value from 5 observations of the underlying asset /initial value – 1), minimum 100%, maximum 140%
- Liquidity: daily according to current market prices published in the Exchange Rate List of Česká spořitelna, a.s.
- You can find the date of fixing the initial value of the underlying asset and the dates of observation in the leaflet.
- Product costs valid at the issue date (You will find the precise expression of the product costs in the Instruction for Purchase of PD RESPONSIBLE 5): 0.54% annually